Village Farms: Analyst Consensus Points To Positive Q2 EBITDA Of $1.31 Million

Village Farms International, Inc. (TSX: VFF)  announced that they will be reporting their second quarter financials before market open on August 9.

Analysts have a consensus C$23.39 12-month price target on the company, via a total of 6 analysts, with one analyst having a strong buy rating, and the other five have buy ratings. The street high comes from Raymond James with a C$32.84 price target, and the lowest target comes from Craig Hallum with a C$16 price target.

5 analysts have revenue estimates for the second quarter. The mean between all 5 is C$62.99 million; this number has been revised slightly downwards from C$66.40 million at the start of the year. The street high is C$66.70 million while the lowest sits at C$58.91 million.

Three analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 10.2%, with this number being revised downwards from 20.85% at the start of the year. Street high goes to Craig Hallum with a 12.30% estimate and the lowest sits at 6.30%.

Onto EBITDA estimates, there are currently only 5 analysts who have second quarter EBITDA estimates. The mean is currently C$1.31 million, with this number being lower at the start of the year. Street high goes to Craig Hallum with a C$2.25 million EBITDA estimate and the lowest being a C$0.5 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A $2.2B Gold Project Is Outgrowing Its Plan | Michael Henrichsen – Gold X2 Mining

Pay for the Copper, Get the Gold Free | Rob McEwen – McEwen Inc

This Gold Discovery Was Already Huge. Now It’s Becoming a Monster. | Goliath Resources

Recommended

Golden Cariboo’s First Quesnelle Resource Estimate Tallies 1.19 Million Gold Equivalent Ounces

Brixton Wraps Camp Creek Drilling With 17.58 Metres of 1.47 g/t Gold Equivalent

Related News

Haywood Slashes Nevada Copper’s Price Target To Just $0.25

At the start of the month Nevada Copper (TSX: NCU) provided investors with an operational...

Friday, July 8, 2022, 11:41:00 AM

BMO: Netflix Is Now “Growth At A Reasonable Price”

The earnings season has started off with a bang as Netflix (Nasdaq: NFLX) closed its...

Wednesday, April 20, 2022, 04:45:47 PM

Cresco Labs: Analyst Expectations For Q2 2021

Cresco Labs (CSE: CL) announced that they will be reporting their second quarter financials before...

Wednesday, August 11, 2021, 04:28:00 PM

GFL Environmental: BMO Lifts Target To US$42 After Asset Divesture

At the start of the month, GFL Environmental Inc. (TSX: GFL) announced that they completed...

Friday, October 15, 2021, 11:34:00 AM

Tilray: Canaccord Cuts Price Target To $9.00

On January 10th, Tilray Inc (TSX: TLRY) reported their fiscal second-quarter financial results, the company...

Tuesday, January 11, 2022, 04:22:00 PM